Detering Co. sells 70,000-SF Washington Ave. siteDetering Co. sells 70,000-SF Washington Ave. sitehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=14592015-03-23T10:09:00Z2015-03-23T08:00:00Z

HOUSTON - After 100 years on Washington Ave., the Detering Co. has sold all of its 5.4 acres of land and some 70,000 sf of headquarters space at 3028 Washington just east of Studemont.

The Houston-based building materials supply company recently moved to its new facility — 107,000 sf on a 19-acre site — at 6800 Helmers near Irvington and the North Loop in north Houston.

The acreage on Washington Ave. was divided into three properties and sold to three buyers, according to J. Michael Boyd, principal of Boyd Commercial/CORFAC International, who represented the Detering Co. in the sales.

Luxury home builder Sullivan Brothers Builders purchased a small parcel at 2900 Hicks. Dallas-based apartment developer JLB Partners bought almost three acres at 3028 Center. And the remaining site fronting Washington Ave. site is scheduled to close at the end of the month.

The redevelopment of the Washington Ave. site is indicative of the land use changes underway in this part of Houston, where many properties have gone from industrial to retail or residential.

The property had been held by the Detering family since the early 1900s, when Herman Detering ran a grocery store there. His son, Carl, opened the building supply company on the land in 1926.

Houston Chronicle
Houston-The Woodlands-Sugar Land
http://www.houstonchronicle.com/business/columnists/sarnoff/article/Washington-Avenue-landmark-trades-hands-after-6133766.phpRead more at {Source}

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